BY Mal James 19th April 2013
We got a letter recently from a woman who wanted to engage us to buy a family home, but whose husband was sceptical about whether it would be worthwhile. “My husband says I am crazy to think about engaging a James Buyer Advocate when all deals are about is he who has the most [...]
BY Kristen Hatt 23rd March 2013
Bayside saw a lower clearance rate of 55% this weekend, a bit of a disappointment after last weekend’s bounce up to 59% and contrasting with the strong results in areas like Boroondara and Stonnington.
Brighton in particular saw a number of pass-ins with no bidders at all. These included 1a Wellington Street, which passed in [...]
BY Mal James 23rd March 2013
Week Ending 23rd March – We are now seeing
The A graders are having multiple bidders – look at the number of volcanoes
The B graders are getting mopped up – check old stock records
The C graders are being considered by those [...]
BY Mal James 16th March 2013
At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 56% on the 34 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was 1.8.
Both these stats were down on last week and ducks (no bidder auctions) were up. But given the early REIV Clearance rate was still [...]
BY Mal James 2nd March 2013
At 6.00 pm the James Clearance Rate for Melbournes $M+ was 65% and The Weekly Review Bidderman, our bidders per auction measurement, was a solid 2.2.
Last weekend we reported a strong start for our first Super Saturday, with Bidderman a very healthy 2.2 bidders per auction on big numbers of stock on offer with almost everywhere [...]
BY Mal James 23rd February 2013
At 6.00 pm the James Clearance Rate was 66% and Bidderman, our bidders per auction measurement, was 2.2.
Well, here we are knee-deep in the thick of it. This was a borderline Super Saturday, as is early next week, meaning we have around 150 scheduled Million Dollar plus auctions in Inner East and Bayside.
We say borderline [...]
BY Jen Milligan 23rd February 2013
BY Mal James 22nd February 2013
East Melbourne, 120 Powlett, Arch Staver, Under the Hammer, $5,155,000 – 4 bidders
There was a festive air along Powlett Street this morning as real estate punters strolled in and out of historic homes open for inspection in this proud and peaceful pocket of Melbourne. With a crowd of 150 gathering under magnificent trees on the [...]
BY Jen Milligan 16th February 2013
BY Guy Angwin 1st December 2012
In Port Phillip, the start of 2012 mirrored most of 2011, with stock-shortage being the buzz word amongst agents and buyers. As the year progressed, we saw vendors adjust their expectations as agents finally realised they had to work harder to make vendors understand that the value of their property may have fallen. The interest [...]
BY Jen Milligan 1st December 2012
BY Mal James 1st December 2012
At 6pm on Saturday, the James Clearance Rate for $M+ was 58% on the 31 auctions we attended. The Weekly Review Bidderman, our demand indicator, was 2 bidders per auction. Today was back to a little quieter in terms of clearance rates, but there were some very strong results in terms of bidder numbers. Overall [...]
BY Mal James 1st December 2012
Here are our awards for 2012. Our criteria is that we must have dealt with the agent several times in 2012 and that we look at things from a buyer’s perspective – which we as buyers think is 50% of the game.
Our Best Four Auctioneers
We run into a lot of good auctioneers each weekend. In [...]
BY Mal James 21st November 2012
The talk was all doom and gloom at the start of 2012 after a bad finish to 2011 by the market. This talk flat lined the Autumn market with basically no action whatsoever, save a surprising burst around Easter with 5 at $10,000,000 changing hands. We went into Winter in a downward spiral with [...]
BY Gina Kantzas 17th November 2012
This week seemed fairly quiet across the board in terms of crowd numbers at Opens and at auctions. Agents were not too enthusiastic about new listings for December and those that I spoke with, were talking up vendors wanting to wait until February to list their properties for sale.
Today the clearance rate for Stonnington was [...]
BY Mal James 10th November 2012
At 6pm on Saturday, the James Clearance Rate for $M+ was 61% on the 31 auctions we attended. The Weekly Review Bidderman, our demand indicator, was 1.3 bidders per auction.
That low Bidderman rate reflects how the market felt this weekend – quiet.
This lack of activity is hardly unexpected given that the Melbourne market is [...]
BY Mal James 27th October 2012
With what was described as the biggest auction weekend in nearly two years, agents were certainly on tenterhooks as to what Saturday would bring. Their fears turned to relief and perhaps even delight, as Greg Hocking from Greg Hocking Holdsworth, David Wood from Hocking Stuart and Kaine Lanyon from Marshall White all reported strong results. [...]
BY Mal James 22nd October 2012
Published in the Weekly Review
It attracts more anticipation than a Grand Final, and a bigger array of stars than the Cup Carnival. And the results are more telling than the Bathurst 500: that’s what Super Saturday, October 27th represents to the largest array of buyers and sellers on offer this year.
This coming weekend was always [...]
BY Mal James 20th October 2012
At 6pm on Saturday, the James $M+ Clearance Rate was 61% across the 31 auctions we attended. The Weekly Review Bidderman was 1.5 bidders per auction.
While those figures did not represent a noticeable improvement in the stats, we think the market has shifted to a positive note in the last fortnight as you will see [...]
BY Mal James 21st September 2012
As we go into our Footy Induced/ School Holiday Auction Activity Hibernation we thought we would look at the key issues facing buyers’ right now in the Spring Marketplace. Here is our Top 5.
Is back with a vengeance. It is a real stain on our profession. Like dummy bidding it causes great angst [...]